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GoM backs GST simplification: Proposal to cut tax slabs to two rates, add 40% for demerit goods

The Group of Ministers (GoM) on GST rate rationalisation supported the Union Government’s proposal on Thursday to simplify the GST structure. The proposal suggests reducing tax slabs from four (5%, 12 ...
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FM Sitharaman clarifies cess on demerit goods: fungible funds for defence, public health support

Finance Minister Nirmala Sitharaman addressed the Parliament on the Health Security se National Security Cess Bill, 2025, clarifying that the levy is meant for demerit goods only. She emphasized that ...